Hello fellow treasure enthusiasts, hunters, holders, keepers and all interested to give their opinion about transporting and travelling their precious possessions like AU (GOLD). Can we just share our ideas on how to transport these items because I think it is very important.

I heard that the NATO satellite could detect your gold if you are transporting at least 1 metric ton of it, and advised that transporting less than that quantity would be better and least detected. Is this true? any ideas how to safely transport your gold?

Cap to conseal it from satellite tracking is cover the Au with tar, (alkitran) this prevents the Au from emitting more aura it shines more during night time.

I think during the day this could not just be detected by the satellite. 1 metric ton of Au is not much to track by the satellite and they wont mind it.

What are being track are the large volumes of Au in caves they know when the aura start to diminished or moved away from it's original site then that means the Bullion deposit is being moved or recovered.

Do you know that threre are several sites being monitored in RP and one big volume site in THailand.

So you will carry your gold with the cave concreted on top and transport it? ;D That's what I thought, it is meant to stay in those cave forever.

I met somebody who is using a rubberized plastic bag that could conceal anything put inside it and cannot be detected by scanner, he already tried using it when he went abroad to participate in an exhibition of priceless? crystals and designer jewelries, i forget the country... somewhere in Europe. At the airport, scanner did not detect any of these, he said it just looks ordinary pack without anything inside. He said he also bought this in Europe.

Maybe this could work also with AU's inside. Will those NATO satellites still able to detect it if the airport scanner could not detect it?

A friend told me some years ago that they used empty battery cases and loaded each with a bar. They had a truck full of batteries. You can probably buy these cases in some battery manufacturing factories in bulacan or rizal.

I hope and wish we can also reach that point where we have something to transport. Hey CAP can i volunteer to be your driver ?

Actually in transporting the gold to another place..you can hide it anywhere you want, and nobody will noticed it.However, Your only problem if there is the "insider" or "tipster" in your own group or nieghbor... bcoz no matter how carefully it was hidden, most likely it will be found by determined searcher.

Riding via chopper looks nice...and so, you and buyer meet in secluded place, you came down from chopper gave the gold to buyer in exchange for cash....easy, just like drug deals in movies? ;D....no need for goons or sniper or something, as your or his back up? ;D

Take three bars to a Bullion Buyer, they will assay your bars and if it pass their scrutiny, they will even pick up your Bullion, assay each and every gold bar and each gold bar will have a Certificate of Authenticity, payment will be in an Off Shore Bank. My 2 cents worth.

Assuming we pass thru that 3 bars testing or assay test and stuff. We brought the buyer group, assayer and his bodyguards to our treasure cave for inventory and stuff. The buyer will now take possession the treasure cave areas....and he gave us Gold Certificate or bank docs abroad, as proof of payment.

What if those bank docs you are holding suddenly will be cancelled just like Marcos cronies bank docs....you are holding a bank docs as souvenir? ;D while your physical treasure is being feasted by the buyer. Di kaya nalugi tayo dyan? ;D

Take three bars to a Bullion Buyer, they will assay your bars and if it pass their scrutiny, they will even pick up your Bullion, assay each and every gold bar and each gold bar will have a Certificate of Authenticity, payment will be in an Off Shore Bank. My 2 cents worth.

A few years back, In Tuguegarao, Cagayan. an ordinary farmer sold few pcs of 75 kilos gold bars to the buyer and the transaction was inside the bank. After the gold bars was assayed, huge money ( PhP 100 million+) was transferred to the account of the ordinary farmer. When the buyer left...the banker get interested with the money of the ordinary and illiterate farmer, what he did is he didn't give the huge money to the farmer, instead he withheld it, and wanted to be his own. What should the ordinary farmer do to get back his money (proceeds of gold) ???...1) cry infront of the bank?2) Shout to the media that your PhP 100 million have been screwed by the banker (will they believe him?)3) Tell their gold transactions to the police or mayor? the mayor or police might squeeze his balls to produce mnore gold... ;D4) Have senate investigate it? ;D5) Report it to AMLA?

Assuming it happened it to you and you are in local or foreign banks abroad? What would you do?

I agree with Janner. The farmer would have his official BANK BOOK with XXX amount inside. That's all the proof he needs to get any crooked Banker thrown into Jail for outright STEALING his money.TW

If you are just an illiterate and poor farmer with no money....against a moneyed banker, I doubt if you have a chance in our court. How you gonna defend your money, where it came from? by telling the whole world you get it from treasure?...will the people laugh at him or squeeze his balls to produce more gold?

in the bank scenario, how was the manager able to alter the bank account of the farmer???after all a signature is required and a withdrawal slip to take money from his account....

He doesn't have to alter anything...all he had to do (i guess) is never give the money to the farmer and claim it as his own (by forging the docs or something, he is the banker, right?)....a little bit of harassment by telling him to the police that he had lots of gold....presto...the helpless farmer...gone hiding.

even a poor illiterate farmer can be quite good with money, he has to manage his farm and produce somehow...

once the transaction is complete the money is in the Farmers account, and with a passbook. so it would be hard for a bank manager to forge his signature on the withdrawal slip and or get hold of the passbook.

and once the money is in the account, deposited by the buyer, "not the bank manager", the Farmer no longer has to declare where the money came from....only a court order can read the bank files, not the police.So the farmer is quite safe.....

I want to butt in guys, I hope my comment will not be twisted and spined.Disclaimer: The following are just my thoughts and should not be taken as an official statement or be considered as legal Banking procedure. This statements are for your own discretion only.

1.) Local Bank in the Phil. do not accept Physical Gold Deposit. Only the Banko Sentral ng Pilipinas (BSP) is license to take Physical Gold deposits from individual, entity, Co. or Corp.,Why? = If a bank accepts gold deposit that means Bank shall abide by the International Banking Law. Why? = If a Private buyer willing to used the Bank, the buyer should have a mining license or a gold bullion license permit and he will be assigned or given a Bullion gold (precious metal) buyer or mining license NUMBER. Why do you think pawn shop are legalized to buy precious metal? Because they are license by the BSP and later sell their commodity to the BANK in 1 is to 1 value accordingly.

2.) Why sell or deposit gold only to Banko Sentral ng Pilipinas? = The Bank guarantees that your commodity is Safe. They are insured 1 is to 1 or in equivalent % (correct me if I am wrong) in favor of the depositor. Why? = In case of loss or illegal confiscation of commodity By the Gov't., Scrupulous Bank Official or People in Power you are assured you be paid.

3.) If you deposit Gold you will not only be issued Gold Certificate of Deposit but also a Safe Keeping Receipt. (SKR)Why? = You will be paying a yearly or monthly Safe Keeping fee for your commodity as Bank insurance and also the Bank will assign you a International license BULLION BANK OFFICER (but not all these banks have one, they are controlled by the International bullion banks) that will only be the sole keeper or have the knowledge (Secrecy Law) of what amount or volume of Gold you have deposited.

4.) It is by the International Banking Law that if you deposit gold. The gold bars shall be re-smelted (I do not know how they do these just to change the hallmark) every 5 years to update the Hallmark.This is a new way so that bank will keep your gold bullion deposit forever. At UBS or anywhere in Swiss or Europe Banks. Gold bullion stays in the Bank because of these laws, if you wanted to sell your commodity you can't move it out but the Bank will Just sell or transfer your commodity by changing the Certificate of Ownership.Why? = To control the number of Gold Bars that will circulate the globe. Why? = Law of consumption and Demand, If gold will flood the Market then Gold value will plummet downward and Bank Gold deposits will get affected and Banks depending on Gold Deposit will fail. Also to prevent hoarding and AMLA.

Therefore if you take a gold bar in a community bank of course if the bank officer is greedy he will ask you for more gold bait you and when your gold deposit is more than enough for him he'll grab it and flee the country.Think of this where in the bank vault will this officer keep the gold bar? Will he keep it there for everybody to see? Will he announce to everyone that you have a gold deposit? Somebody who will see it and rob the bank. Probably he'll bring it home or keep it in his bank locker.Remember Gold deposit is not insured by FDIC. So nothing you can do when bad circumstances happen. That is why if you will legally ship or transport bullion gold bars, you must only used a license transporter (ie BRINKS) because your gold will be insured they are liable if it got lost. Your gold bank insurance will not cover the loss if you will used a local transporter not recognized by banks.

Admin, sir, I am not refering to any of the Particular Topic. I am just giving my thoughts and all of these are related to the TOPIC on one way or the other it covers transportation,deposit and warnings.It covers everything, local bank and international bank. banking procedures and the safety of depositing and Transportation.

OK, you are actually right. I was commenting on what YamTHr mentioned about how some gold seller's money was stolen by a crooked bank manager and I got mixed up and thought that's what you were talking about but now I see that you're actually commenting on the real topic here. My apologies, friend.

The same way as other normal Bank Armored cars collecting and delivering currencies from Bank and ATM's. like BRINKS Armored vans or container trucking transportation with heavy security guards I guest.

I don't think its simple. Ex: If you have 10 tons of gold, will you trust an armored van to deliver it to your destination? I'll bet on the first kilometer of travel alone , your gold is gone or hijacked. ;D And you want to call the help of the police?...of course they are lighting speed to respond in few seconds only they are already at the crime scene. Wonder how they were able to respond very quick at the crime scene? bcoz they are the one who took it !!!... hehehe ;D

Janner,even a poor illiterate farmer can be quite good with money, he has to manage his farm and produce somehow.......of course he may know how to manage a few bucks, but re banking and stuff...he will face a tough battle against a banker.

once the transaction is complete the money is in the Farmers account, and with a passbook. so it would be hard for a bank manager to forge his signature on the withdrawal slip and or get hold of the passbook.Difficult to forge a signature on withdrawal slip and passbook? hello we are in the Philippines, we can even forge or make fake passport...or even an FRN that look like original....how much more if its only a simple withdrawal slip/passbook. We can even change/fake the result of national election here, thats why we have a bogus President right now. By (Dagdag /bawas) adding millions of votes to a presidentiable. If you have a money everything here in Phil. can be forge or fake...Only in the Phil ;D.

and once the money is in the account, deposited by the buyer, "not the bank manager", the Farmer no longer has to declare where the money came from....only a court order can read the bank files, not the police....If the bank manager took his money, How the farmer will gonna complain/declare if he will not tell the police that he lost 100 millions of pesos? Asking where his money come from, from gold? the more his balls will be squeeze.

Assuming we pass thru that 3 bars testing or assay test and stuff. We brought the buyer group, assayer and his bodyguards to our treasure cave for inventory and stuff. The buyer will now take possession the treasure cave areas....and he gave us Gold Certificate or bank docs abroad, as proof of payment.

What if those bank docs you are holding suddenly will be cancelled just like Marcos cronies bank docs....you are holding a bank docs as souvenir? ;D while your physical treasure is being feasted by the buyer. Di kaya nalugi tayo dyan? ;D

Gboy, I double checked my previous posting and I did not say you will be paid by a Gold Certificate, I said "each gold bar will be assayed and each will have a Certificate of Authenticity. Please read my previous post again.

okey...3 gold bars have been assayed and given Cert. of Authenticity.......Assuming the au holder had still 10,000 pcs gold bars on his stockpile (nakakatulo laway :o )....what next...give each bar Cert of Authenticity also....then what next?

Then you go to Singapore, Malaysia, Switzerland or even the US to name a few ,to pick up the money and open an account, with different Off-shore Banks, if you are smart. Banks are known to fail.

And so...you expect some native au holders to be given GBC's....in exchange for their gold bars...and tell them, okey guys see you abroad ??? Ganun? Do you think the foriegn bankers would be shock to see some Aetas or Dumagats claiming abroad $millions worth of GBC? ;D...or khit pinoy na...di ba shocking yon?

The problem with this topic is that, when a answer is given more variables are thrown in or presented...so maybe there will be no answer..???

Gboy, This answers your last question.

This is a treas forum...every possible variables, scenarios or problems re au transport or sale, must be thoroughly discussed and presented.Unless of course, you are a treasure hunter that NEVER expect to recover treasures at all, then these discussion is not needed.

Goldfish,This is only an example of treas transport or sale problems, scenarios and stuff.

i know a buyer who will pick up your gold from anywhere in the philippines provided you deliver the first kilo to their office in makati as proof that you really have gold in volume. minimum quantity for pick-up is 60 kilos

i know a buyer who will pick up your gold from anywhere in the philippines provided you deliver the first kilo to their office in makati as proof that you really have gold in volume. minimum quantity for pick-up is 60 kilos

you're right DB, what in the mode of payment.. for protection purposes

i know a buyer who will pick up your gold from anywhere in the philippines provided you deliver the first kilo to their office in makati as proof that you really have gold in volume. minimum quantity for pick-up is 60 kilos

If they can just pick up your GBars anywhere in the Phils., can you also share with us how they will pay you?